Various banking (sub)systems break all the time. We just never get any postmortems or public apologies.
This reminds me the saying "Never admit a wrongdoing and you'll never be wrong".
It's great that we get several of those new startup banks (Monzo, N26 etc.) that provide superior experience and slowly show what horrible things traditional banks were getting away with.
This reminds me the saying "Never admit a wrongdoing and you'll never be wrong".
It's great that we get several of those new startup banks (Monzo, N26 etc.) that provide superior experience and slowly show what horrible things traditional banks were getting away with.